:

Business/Financial

Kaman Completes Acquisition of Global Aerosystems

DDN

Monday, December 13th, 2010

SHARE:

Kaman Corp. [KAMN] on Friday said it has completed its purchase of the aerostructure engineering design firm Global Aerosystems, giving it a more complete set of capabilities from design through component manufacturing, assembly, certification and post-production support. Kaman already is a supplier of aerostructure components and assemblies. Global also provides Federal Aviation Administration certification services to the aerospace industry. Global is now part of Kaman's Aerospace Segment. Global is expected to have $20 million in sales this year.

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]